Expanding on our earlier report concerning the FCC decision, FCC Chairman Julius Genachowski issued a draft order earlier this morning calling for an Administrative Hearing before an Administrative Law Judge. According to the FCC, the Chairman’s order requires final approval from the full commission and if … [read full article]
According to a report by the Financial Times, a large number of “analysts” now rate the chances for an AT&T, T-Mobile deal at less than 50%. Some analysts are even going so far as to rate the deal as only having a 20% chance of success for government approval. Bankers are noting that in order for the deal to win approval, AT&T will have to … [read full article]
While T-Mobile and AT&T continue efforts to seal their relationship, T-Mobile USA is setting aside cash in order to keep top employees on board should the deal go through. According to a Wall Street Journal report, T-Mobile has set aside $64 million dollars during the last two quarters, which earnings reports have listed as costs involving “primarily consisting of employee-relating expenses.” A Deutsche … [read full article]
Earlier today we ran a story regarding the Communication Workers of America union claim that the AT&T, T-Mobile “merger” would create 100,000 jobs. Now we’re compelled … [read full article]
According to a Communication Workers of American Union analysis, the merger between AT&T and T-Mobile will create more than 100,000 jobs in the United States. The CWA analysis was able to conclude that 96,000 additional jobs would be created along with the [read full article]
In a one-two story regarding the AT&T/T-Mobile takeover today, the first big happening was the Judge in the AT&T, Department of Justice lawsuit ruling that both Sprint and C Spire Wireless can continue to pursue their antitrust lawsuit against AT&T’s proposed takeover of T-Mobile. AT&T and T-Mobile had hoped to see the lawsuit … [read full article]
There goes the neighborhood as MetroPCS is now the rumored frontrunner to absorb wireless spectrum, assets and subscribers from AT&T and T-Mobile as the two companies work to complete their acquisition. Though the size of any deal is far from definitive, it’s likely to include subscribers and spectrum and be … [read full article]
The Federal Communications Commission has formally requested, via letter that AT&T supply the FCC with more information regarding it’s proposed takeover of T-Mobile. Specifically, the FCC wants to see all the data AT&T has over the last 5 years regarding its workforce and job creation. The FCC has informed AT&T that previously … [read full article]
Oh those silly analysts are back in action with a Bloomberg report discussing the possibility that T-Mobile could lose as many as 1.2 million postpaid customer contracts during 2011. That number is over three times higher than the 390,000 subscribers T-Mobile lost in 2010. Amidst AT&T’s takeover battle with the Justice Department, T-Mobile would … [read full article]
Deutsche Telekom Chief Technology Officer Olivier Baujard speaking at the Broadboand World Forum Conference in Paris Wednesday reiterated his company’s position of faith that the AT&T deal will go through. Deutsche Telekom is already preparing how to spend the influx of cash received from the AT&T deal in order to bolster their German business as well grow in emerging European markets. Taking … [read full article]
